By Reuters Staff 2 Min Read FILE PHOTO: Solar cell panels are seen on the hood of German solar car company Sono Motors’ prototype car “Sion” in Munich, Germany, August 1, 2018. REUTERS/Andreas Gebert FRANKFURT (Reuters) – German solar car firm Sono Motors is exploring a U.S. stock market listing that may value the company… Continue reading German solar car firm Sono Motors explores U.S. stock market listing: sources
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Battery maker Northvolt gets $14 billion order as Volkswagen raises ownership
By Reuters Staff 2 Min Read FILE PHOTO: Northvolt logo is pictured in the Northvolt office in Stockholm, Sweden June 14, 2018. REUTERS/Esha Vaish STOCKHOLM (Reuters) – Northvolt said on Monday it had won an order worth more than $14 billion over 10 years from Germany’s Volkswagen, which increases its stake in the Swedish lithium-ion… Continue reading Battery maker Northvolt gets $14 billion order as Volkswagen raises ownership
Outgoing CEO says Panasonic must cut Tesla reliance as battery tie-up evolves: FT
By Reuters Staff 2 Min Read FILE PHOTO: Panasonic Corp President Kazuhiro Tsuga attends a joint news conference with Toyota Motor Corp President Akio Toyoda in Tokyo, Japan, December 13, 2017. REUTERS/Toru Hanai (Reuters) – Panasonic Corp’s outgoing Chief Executive Kazuhiro Tsuga said the company will need to reduce its heavy reliance on Tesla Inc… Continue reading Outgoing CEO says Panasonic must cut Tesla reliance as battery tie-up evolves: FT
Volkswagen to switch EV battery type, leaving supply deals in doubt: sources
By Heekyong Yang 2 Min Read Slideshow ( 2 images ) SEOUL (Reuters) – Volkswagen plans to gradually switch the type of battery used in its electric vehicles, three sources with knowledge of the matter said on Monday, moving away from the technology supplied under current deals with South Korea’s LG Energy Solution and SK… Continue reading Volkswagen to switch EV battery type, leaving supply deals in doubt: sources
VW to cut up to 4,000 jobs via early retirement, sources say
By Reuters Staff 2 Min Read FILE PHOTO: A Volkswagen logo is seen at a construction completion event of SAIC Volkswagen MEB electric vehicle plant in Shanghai, China November 8, 2019. REUTERS/Aly Song BERLIN (Reuters) – Carmaker Volkswagen plans to cut up to 4,000 jobs at its plants in Germany by offering early or partial… Continue reading VW to cut up to 4,000 jobs via early retirement, sources say
Daimler to recall 2.6 million Mercedes-Benz cars in China
By Reuters Staff 1 Min Read FILE PHOTO: An emblem of Mercedes-Benz is seen on a car’s hood at the Beijing International Automotive Exhibition, or Auto China show, in Beijing, China September 27, 2020. REUTERS/Tingshu Wang BEIJING (Reuters) – China’s State Administration for Market Regulation said on Friday that German luxury automaker Daimler would recall… Continue reading Daimler to recall 2.6 million Mercedes-Benz cars in China
Fire at Tesla’s Fremont factory under control, no injuries reported
By Kanishka Singh, Hyunjoo Jin 1 Min Read FILE PHOTO: A Tesla vehicle drives past Tesla’s primary vehicle factory in Fremont, California, U.S. May 11, 2020. REUTERS/Stephen Lam (Reuters) – A fire at electric carmaker Tesla’s factory in Fremont, California, was brought under control on Thursday evening and there were no immediate reports of injuries,… Continue reading Fire at Tesla’s Fremont factory under control, no injuries reported
Alfa Romeo and Lancia brands to enjoy stronger investments under Stellantis: Elkann
By Reuters Staff 2 Min Read FILE PHOTO: Logos of Fiat and Alfa Romeo are seen outside a car dealer, amid the coronavirus disease (COVID-19) outbreak in Brussels, Belgium May 28, 2020. REUTERS/Yves Herman MILAN (Reuters) – Former Fiat Chrysler premium car brands Alfa Romeo and Lancia will enjoy stronger investments under Stellantis, the new… Continue reading Alfa Romeo and Lancia brands to enjoy stronger investments under Stellantis: Elkann
VW-backed EV charging firm Ionity to sell minority stake: sources
By Arno Schuetze, Christoph Steitz 3 Min Read FRANKFURT (Reuters) – Electric vehicle charging group Ionity, whose owners include Volkswagen and Daimler, is looking to sell a minority stake to rake in 400 million-500 million euros ($479 million-597 million), three people familiar with the matter said. FILE PHOTO: An Ionity electric vehicle charging station is… Continue reading VW-backed EV charging firm Ionity to sell minority stake: sources
GM announces partnership with lithium metal battery startup
By Ben Klayman 3 Min Read DETROIT (Reuters) – General Motors Co on Thursday announced a partnership with a lithium metal battery startup to boost the U.S. automaker’s battery development, allowing for higher electric vehicle driving range in a smaller package. FILE PHOTO: General Motors assembly workers connect a battery pack underneath a partially assembled… Continue reading GM announces partnership with lithium metal battery startup